U.S. and Japan Finalize Historic $550B Trade Deal.
US and Japan finalize historic $550 billion trade deal. The US and Japan have reached what President Trump called the largest trade deal in history. In a Truth Social post Tuesday, Trump said Japan will invest $550 billion in the US with America receiving 90% of the profits. Details of the profit sharing were not disclosed. Trump also announced new reciprocal tariffs set at 15% for Japan, down from 25%, particularly impacting Japan’s vital auto industry. The deal includes increased access to Japanese markets for American goods such as cars, trucks, rice, and other agricultural products. In a meeting with GOP lawmakers, Trump also revealed Japan will join a joint venture to export liqufied natural gas from Alaska, reviving a long sought energy project. Japanese Prime Minister Shagarro Ishiba said Tokyo was determined to protect national interests and had been fully briefed
U.S. and Japan Finalize Historic $550B Trade Deal.
Trump announces $550B U.S.–Japan trade deal with 15% tariffs and LNG joint venture. Japan opens markets to U.S. cars, rice, and agriculture products.
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